Autodesk (ADSK) Q4 Earnings and Sales Surpass Estimates
ADSKAutodesk(ADSK) Zacks Investment Research·2024-03-01 23:51

Autodesk (ADSK) reported fourth-quarter fiscal 2024 non-GAAP earnings of $2.09 per share, which beat the Zacks Consensus Estimate by 7.18% and improved 12.4% year over year.The company reported revenues of $1.46 billion, which beat the consensus mark by 2.66%. The figure rose 11.5% year over year. The upside was driven by steady subscription renewal rates, new business growth and strong competitive performance.Top-Line DetailsAutodesk’s subscription revenues (91.2% of total revenues) increased 10.3% year ov ...